Key strategies such as expansions, acquisitions, agreements & joint ventures, and new product launches have been adopted by the key players to meet the increasing demand of corn wet-milled products.

Archer Daniels Midland Company (U.S.)

Archer Daniels Midland Company (ADM) is primarily engaged in the production of food ingredients, feed ingredients, biofuels, and naturally-derived alternatives to industrial chemicals. As on June 1, 2016, the company served customers in more than 160 countries through 32,300 employees. The company’s global value chain includes 428 crop procurement locations, 280 ingredient manufacturing facilities, and 39 innovation centers. ADM functions through four segments, namely, oilseeds processing, corn processing, agricultural services, and wild flavors specialty ingredients. It offers various corn products that include sweeteners, dextrose, crystalline fructose, starches, and maltodextrins.

ADM aims to increase its corn wet-milling business in most countries to develop a significant global network by adopting acquisition and expansion as its strategies. The company also aims to expand its sourcing, storing, transporting, transforming, processing, marketing, and distributing facilities to serve its consumers better.

The company also expanded through frequent acquisitions of local corn wet-millers to secure its position in the U.S., Slovakia, and China. In 2016, ADM acquired a Morocco-based corn wet-mill from Tate & Lyle (U.K.). This acquisition is espected to help ADM expand its glucose and native starch product portfolio. In 2015, ADM acquired Hubei Meiweiyuan Biotechnology Co., Ltd. (China). This enabled ADM to expand its business in China to meet the growing demand for starch and sweetener products.

Tate & Lyle PLC (U.K.)

Tate & Lyle PLC is engaged in manufacturing and marketing food and industrial ingredients. The company operates through two business segments, namely, specialty food ingredients and bulk ingredients. It serves a broad range of applications in food & packages, animal feed, industrials, and pharmaceuticals & personal care. Its products include stabilizing systems, sucralose, alcohol, citric acid, and high fructose corn syrup. The company operates in South America, the Middle East and Africa, Europe, and Asia-Pacific.

Tate & Lyle focuses on strengthening its market position through expansion of its corn business, having four corn wet-mills in the U.S. and five in Europe. It has 12 manufacturing facilities in the U.S., 14 in Europe, and 4 in Asia-Pacific. The company expanded its global presence by acquiring new facilities.